United States

United StatesPrice/rent

United States first; United Kingdom, Canada, Australia, euro area, Korea and New Zealand alongside.

133.2

+0.5 (+0.4%)

As of 2024 Q4 | index

Latest
133.2 2024 Q4
Previous
132.7 2024 Q3
Min
88.8 1982 Q3
Max
139.8 2022 Q2
PeriodValue
2024 Q4133.2
2024 Q3132.7
2024 Q2132.9
2024 Q1132.8
2023 Q4133.0
2023 Q3133.4
2023 Q2132.4
2023 Q1132.1
2022 Q4133.9
2022 Q3136.7
2022 Q2139.8
2022 Q1138.0
2021 Q4134.3
2021 Q3130.9
2021 Q2126.3
2021 Q1121.6
2020 Q4117.8
2020 Q3113.2
2020 Q2109.6
2020 Q1109.7
2019 Q4108.6
2019 Q3107.7
2019 Q2107.3
2019 Q1107.2
#CountryPrice/rentChangePeriod
15Japan139.8+1.6 (+1.2%)2025-1219Australia133.9+3.0 (+2.3%)2025-0920United States133.2+0.5 (+0.4%)2024-1222Euro area130.2+0.9 (+0.7%)2025-1224Germany129.5−0.1 (−0.1%)2026-0329New Zealand121.4−1.4 (−1.1%)2025-1231Canada119.5−3.2 (−2.6%)2026-0635United Kingdom110.1−0.5 (−0.5%)2026-0341Korea102.4+0.2 (+0.2%)2025-03

What the price-to-rent ratio is

The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 133.2 in 2024 Q4.

This is an index of prices versus rents, not a typical asking rent and not a purchase price. From 1970 Q1 to 2024 Q4 (220 quarters): latest 133.2 (2024 Q4), previous 132.7 (2024 Q3); low 88.8 (1982 Q3), high 139.8 (2022 Q2).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).